NVTX vs. SNDU

Last updated Jul 18, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both Leveraged Equities funds. NVTX is actively managed, while SNDU is passively managed. At a 0.46 correlation, their price movements are largely independent. NVTX charges 1.30%/yr vs 1.50%/yr for SNDU.

Performance

NVTX vs. SNDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long NVTS Daily ETF (NVTX) and T-REX 2X Long SNDK Daily Target ETF (SNDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NVTX

• 1D: -4.84%
• 1M: -76.64%
• 6M: -58.61%
• YTD: -9.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDU

• 1D: -7.62%
• 1M: -62.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVTX vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
NVTX Tradr 2X Long NVTS Daily ETF	-45.25%
SNDU T-REX 2X Long SNDK Daily Target ETF	162.69%

Correlation

The correlation between NVTX and SNDU is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.46

Return for Risk

NVTX vs. SNDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and T-REX 2X Long SNDK Daily Target ETF (SNDU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

NVTX vs. SNDU - Drawdown Comparison

The maximum NVTX drawdown since its inception was -90.02%, which is greater than SNDU's maximum drawdown of -71.73%. Use the drawdown chart below to compare losses from any high point for NVTX and SNDU.

Drawdown Indicators

	NVTX	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-90.02%	-71.73%	-18.29%
Current Drawdown Current decline from peak	-90.02%	-71.73%	-18.29%
Average Drawdown Average peak-to-trough decline	-61.65%	-16.47%	-45.18%

Volatility

Volatility by Period

	NVTX	SNDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	262.93%	229.15%	+33.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	262.93%	229.15%	+33.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	262.93%	229.15%	+33.78%

NVTX vs. SNDU - Expense Ratio Comparison

NVTX has a 1.30% expense ratio, which is lower than SNDU's 1.50% expense ratio.

Dividends

NVTX vs. SNDU - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 18.83%, while SNDU has not paid dividends to shareholders.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	18.83%	17.05%
SNDU T-REX 2X Long SNDK Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVTX and SNDU in my portfolio?

NVTX and SNDU have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVTX or SNDU?

On fees, NVTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVTX or SNDU?

NVTX is cheaper with a 1.30% expense ratio, compared with 1.50% for SNDU.

Which ETF pays a higher dividend yield, NVTX or SNDU?

NVTX has the higher dividend yield at 18.83%, compared with 0.00% for SNDU.

What is the main difference between NVTX and SNDU?

They also come from different issuers: Tradr and T-Rex. Their fees differ too: 1.30% for NVTX and 1.50% for SNDU.